Investors Fleeing the Stock Market in Droves

Retail traders in Iran's bourse have taken out 400 trillion rials ($1.4 billion) after the chaotic market started to nosedive since mid-August. 
While a slew of neophytes flooded the market with new cash throughout the first five months of the current Iranian year (March-August), the flow reversed with the start of the sixth month (August 21) continues to this day.
Inquiries by the Persian-language economic news website, eghtesadnews, show more than 1,033 trillion trials ($3.8 billion) flowed into the market in the first six months of the fiscal year (March 20-Sept. 21) when the lure of the lucrative market was high.